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Of the estimated $19 million cost to the Crown if the procurement process for Liquefied Natural Gas does not result in a signed contract, how much of this is contracted/committed expenditure versus projected future spend?

Answered Question 41061 (2026)
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Asked by

Scott Willis

List MP · Green Party

Question

  • Of the estimated $19 million cost to the Crown if the procurement process for Liquefied Natural Gas does not result in a signed contract, how much of this is contracted/committed expenditure versus projected future spend?

Answered by

Hon Simeon Brown

Member for Pakuranga · National Party · Minister for Energy

Answer

I am advised that the estimated close-out cost includes expenditure already incurred, contractual commitments, and forecast procurement close-out costs. As at August 2026, approximately $5.4 million had been spent. The remaining costs primarily relate to contractual commitments, project staffing, and close-out obligations.